Insurance companies get ?2,000 crore GST notices.

Date:	08-08-2024
Subject:	Insurance companies get ?2,000 crore GST notices
Goods and services tax authorities have sent notices to more than 20 general insurance companies with operations in special economic zones (SEZs), demanding about ₹2,000 crore in unpaid GST over services provided to employees of industrial units at SEZs and their families. HDFC Ergo General Insurance Co, Star Health & Allied Insurance, Cholamandalam MS General Insurance Co, New India Assurance Co and United India Insurance Co are among the companies that received show- Source Name : Economic Times

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